Javier Milei took office as the President of Argentina in December of 2023 and took his trademark chainsaw to the country's economic policies. Interest in several Argentina-based stocks has been rising as his drastic reforms take hold.
Broadcom, Ciena, YPF, Warner Bros. Discovery, Tesla, Rubrik, Amer Sports, Rivian, Boeing, Astera Labs, Alphabet, and Arm were top performers last week.
On Wednesday, economic reform bills, including a bill named the Bases law, proposed by president Javier Mileli passed through Argentina's Senate, according to Reuters.
These investors have a lot to talk about. And Burford Capital CEO Chris Bogart drops in to talk about the world of legal financing, his company's competitive advantages, and a high-stakes case with Argentina.
Javier Milei swore in as Argentina's new president with a promise of radical change for the nation's economy. He inherited inflation soaring over 140%, and projected potential inflation rates reaching 15,000%. He promised to reduce government spending and improve Buenos Aires-Washington relations.
Last week, U.S.-listed Argentine stocks rose on news of the election of far-right libertarian candidate, Javier Milei, who campaigned on economic policies which represent a large shift from the current left-lean
Shares of FLJ Group Limited (NASDAQ: FLJ) shares jumped during Friday’s session after the company announced it entered into a definitive agreement to acquire Alpha Mind Technology. FLJ Group shares jumped 96.4% to $0.2123 on Friday.
Shares of ReNew Energy Global Plc (NASDAQ: RNW) gained during Monday’s session following strong quarterly sales. ReNew Energy Global posted quarterly sales of $345.00 million, topping market estimates of $258.41 million.
YPF Sociedad Anonima (NYSE: YPF) shares are climbing Monday as several US-listed Argentina-based stocks trade higher following the election of libertarian
